Jamie Dimon's Pay Raise Sends A Worrying Message About What Really Matters To Wall Streethttp://www.businessinsider.com/what-jamie-dimons-pay-raise-means-2014-1/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 26 Sep 2017 18:27:46 -0400Linette Lopezhttp://www.businessinsider.com/c/52e32953eab8ea2743341550HuhFri, 24 Jan 2014 22:02:43 -0500http://www.businessinsider.com/c/52e32953eab8ea2743341550
Jamie is that you?http://www.businessinsider.com/c/52e2ff28ecad04036934154ejoe fordFri, 24 Jan 2014 19:02:48 -0500http://www.businessinsider.com/c/52e2ff28ecad04036934154e
$20 billion pales in comparison to what JPM made on those fraudulent deals. So, they are paying Dimon for the massive net profit they made for their illegal activites. Heck of a job Brownie, I mean Jamie.http://www.businessinsider.com/c/52e2b6afecad04d65136f645settlementFri, 24 Jan 2014 13:53:35 -0500http://www.businessinsider.com/c/52e2b6afecad04d65136f645
Any CEO that needs to pay $1 BILLION+ for damages, should be automatically out on the street, as part of the settlement, by the laws, regulating corporations.http://www.businessinsider.com/c/52e2b5a26bb3f7115e0fd54fLucius ModernusFri, 24 Jan 2014 13:49:06 -0500http://www.businessinsider.com/c/52e2b5a26bb3f7115e0fd54f
ah, the wool of wall street...http://www.businessinsider.com/c/52e2b3b3eab8ea783ca0b30bmike87embrFri, 24 Jan 2014 13:40:51 -0500http://www.businessinsider.com/c/52e2b3b3eab8ea783ca0b30b
nice ideas.......brillianthttp://www.businessinsider.com/c/52e2af226da811665f1993a6Jamie DFri, 24 Jan 2014 13:21:22 -0500http://www.businessinsider.com/c/52e2af226da811665f1993a6
Hey, BI, stop writing about me. You people used to kiss my arse while trashing Lloyd Blankfein. Now Lloyd is your darling, and I'm your goat. Tell me what he's paying you to keep him off your radar screen, and I'll match it to get you to do the same for me.http://www.businessinsider.com/c/52e2ad3feab8ea132da0b309Mandy SmithFri, 24 Jan 2014 13:13:19 -0500http://www.businessinsider.com/c/52e2ad3feab8ea132da0b309
wow it seems like he sucks at his job and then gets rewarded for ithttp://www.businessinsider.com/c/52e2ac0fecad04513c36f63cblack swanFri, 24 Jan 2014 13:08:15 -0500http://www.businessinsider.com/c/52e2ac0fecad04513c36f63c
Guess you forgot the history of the JPM takeover of Bear Stearns. The worst $29 billion, in pure toxic BS paper, was dumped on the US taxpayer (via the Fed in Maiden Lane 1), JPM then got its pick of the plums. Perhaps you also forgot that JPM was facing massive counter-party defaults from the collapse of Bear Stearns, and arranged this JPM bailout deal through the FRDNY, where Jamie Dimon sat on the Board as its most senior and powerful member. Did you also forget Dimon's stooge, FRDNY President Tim Geithner, lying to congress about the toxic $29 billion in BS paper that would have all but doomed JPM, had JPM been forced to take that sh*t as part of the deal to save itself?
Dimon is no hero. He is a crook and a fixer. America would have been far better off without him and the other members of the Corporatist Communist Party.http://www.businessinsider.com/c/52e2a977eab8eadf23a0b30bStevexFri, 24 Jan 2014 12:57:11 -0500http://www.businessinsider.com/c/52e2a977eab8eadf23a0b30b
Har har har.
When you're in charge of one of the largest criminal organizatiosn in the world, of course you get a raise!http://www.businessinsider.com/c/52e2a958ecad04f13636f642chad_strategicFri, 24 Jan 2014 12:56:40 -0500http://www.businessinsider.com/c/52e2a958ecad04f13636f642
I completely agree.
But let me add, if you have an account at JP Morgan Chase, you could be implicated with supporting a criminal and terrorist regime.http://www.businessinsider.com/c/52e2a8cb69bedda931f141c5aerosolarFri, 24 Jan 2014 12:54:19 -0500http://www.businessinsider.com/c/52e2a8cb69bedda931f141c5
Typical post written by a 99%'er, envious of the Wall Street professional and trying to find ridiculous excuses to blame it all on Wall Street. All of these legal settlements arised from decisions / lack of oversight that occurred years ago, not in 2013. Also, it's not like Dimon was personally responsible for these issues, there was lack of managerial oversight at various levels. What Jamie Dimon has is the ability to manage adverse situations effectively, especially in times of crisis. Whould there have been a better CEO candidate to handle these cases the way Jamie Dimon did? Probably no. He is probably the most capable Wall Street CEO out there, and "punishing" him again by giving him a "low salary" is not exactly the best way to retain talent. Let's see how JPM performs over the next year and then speak about whether or not he deserved to get a paycut.http://www.businessinsider.com/c/52e2a6af6bb3f7193f0fd550cak144Fri, 24 Jan 2014 12:45:19 -0500http://www.businessinsider.com/c/52e2a6af6bb3f7193f0fd550
All 3 banks are run by a bunch of crooks. Besides we're talking about 2013, not 3 year average.http://www.businessinsider.com/c/52e2a687eab8eadd1fa0b308fred69Fri, 24 Jan 2014 12:44:39 -0500http://www.businessinsider.com/c/52e2a687eab8eadd1fa0b308
What it really tells you is that JP's Board of Directors understood that the government fines were a witch hunt and did not ding his compensation as a resulthttp://www.businessinsider.com/c/52e2a35269bedd6327f141c4lemmyFri, 24 Jan 2014 12:30:58 -0500http://www.businessinsider.com/c/52e2a35269bedd6327f141c4
and the less time you will do if you get caughthttp://www.businessinsider.com/c/52e2a2c86bb3f7953c0fd544bittergreenFri, 24 Jan 2014 12:28:40 -0500http://www.businessinsider.com/c/52e2a2c86bb3f7953c0fd544
"And of course the $13 billion the bank paid out to take care of charges of mortgage fraud dating back to the financial crisis. To be fair, some of that money was paid to take care of fraudulent activity at the now defunct Bear Sterns, which JP Morgan acquired in the financial crisis fire sale.
But hey, that's part of the deal. You buy a venerable, almost hundred-year-old Wall Street bank for $10 a share, lock, stock and barrel, and you take the bad with the good."
Getting 13 billion out of JPM for the misdeeds of the companies they aquired, fails any form of justice, and is simply extortion. You want justice, go find the individuals and criminally prosecute them. I know it's not as profitable as extorting banks. But is actually just.http://www.businessinsider.com/c/52e2a1806bb3f7893a0fd544ClownFartFri, 24 Jan 2014 12:23:12 -0500http://www.businessinsider.com/c/52e2a1806bb3f7893a0fd544
he should be hanging from a noose, not getting a raise.http://www.businessinsider.com/c/52e29cc169beddac16f141c9Shamie DimonFri, 24 Jan 2014 12:02:57 -0500http://www.businessinsider.com/c/52e29cc169beddac16f141c9
Crime not only pays, but the bigger the crime, the better it pays.http://www.businessinsider.com/c/52e29c5feab8eaf806a0b30aMaurice BretzfieldFri, 24 Jan 2014 12:01:19 -0500http://www.businessinsider.com/c/52e29c5feab8eaf806a0b30a
The real question is "why does Jamie Dimon even have a job". The next question regards incarceration.....